Public Houses: Business Rates

Summary

To ask the Chancellor of the Exchequer, pursuant to the Answer of 12 September 2024, to Question 4354, on Public Houses: Business Rates, whether (a) pavement licences under the Business and Planning Act 2020 and (b) outdoor licensing under the Licensing A

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Timeline

1. 8 October 2024

   Written question

   To ask the Chancellor of the Exchequer, pursuant to the Answer of 12 September 2024, to Question 4354, on Public Houses: Business Rates, whether (a) pavement licences under the Business and Planning Act 2020 and (b) outdoor licensing under the Licensing A

   Source: Commons

2. 16 October 2024

   Answer

   Fair Maintainable Trade (FMT), for the purposes of determining a property’s rateable value, is an assessment of the property’s potential turnover. The absence or presence of a pavement or outdoor license will be reflected in the overall FMT for each pub.

   Source: Written answer

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• · Treasury · Answering body

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